Nazir Cotton Mills : Financial Result for the 1st Quarter Ended September 30, 2022
January 02, 2023 at 04:28 am
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NAZIR COTTON MILLS LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE 1ST QUARTER ENDED SEPTMBER 30, 2022
(UN AUDITED)
UN-AUDITEDUN-AUDITED
September 30,
September 30,
Note
2022
2021
Rupees
Rupees
Sales - net
2,191,490
873,724
Cost of sales
(2,475,445)
(1,548,042)
GROSS PROFIT/(LOSS)
(283,955)
(674,318)
Operating expenses:
Administrative
(5,114,839)
(4,851,006)
Selling and distribution
-
-
OPERATING PROFIT / (LOSS)
(5,398,794)
(5,525,324)
Financial charges
-
-
Other income
252,039
121,745
PROFIT / (LOSS) BEFORE TAXATION
(5,146,755)
(5,403,579)
Taxation
-
-
PROFIT / (LOSS) AFTER TAXATION AND
(5,146,755)
(5,403,579)
Accumulated Loss Brought forward
(391,716,397)
(399,024,418)
(396,863,152)
(404,427,997)
EARNING PER SHARE
(0.22)
(0.23)
Cheif Executive
Chief Financial officer
Director
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Disclaimer
Nazir Cotton Mills Ltd. published this content on 02 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 January 2023 04:27:02 UTC.
Nazir Cotton Mills Limited is a Pakistan-based yarn manufacturing company. The Company is engaged in manufacturing and sale of Yarn of all types. The Company is also engaged in the business of dairy. The Company's manufacturing unit is located in Faisalabad Road, Aslamabad, Khareanwala, Sheikhupura, Pakistan.